November 21, 2019  
 
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Selling an Animated Film Service

Few entrepreneurs relish the idea of selling a business in a struggling economy. Yet animated film services continue to be sold at a brisk pace, outperforming the sales of many other types of businesses.

You need to get a good price for your animated film service. To get there, you'll need to set realistic expectations and follow a deliberate selling strategy.
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In a skittish economy, animated film service sellers can access several strategies to receive fair market value from entrepreneurs who understand the value of a good business investment.

Professional Appraisals

An experienced appraiser is part and parcel of a successful animated film service sale. Leading industry appraisers equip sellers with a value gauge that can be accessed during negotiations. If you're disappointed with the appraiser's estimate of your company's worth, you have the option of seeking a second opinion. However, it's more often the case that you will need to adjust your expectations of your business's value to buyers.

Selling an Animated Film Service to an Employee

Employee sales have pros and cons. A faithful employee may have the motivation and ability to continue to operate the business. If you need to sell quickly, the timeframe is condensed in an employee sale because you don't need to track down a buyer. Yet most employees lack the means to buy their employer's business at or near the asking price. Seller financing is one way to get around the capital deficit of an employee-based animated film service sale, as long as you are willing to vet the employee's credit worthiness the same as any other buyer.

Sale Preparation Timeframes

There are no effective shortcuts for selling an animated film service. Buyers want to see growth trends, healthy profits and other variables that increase the likelihood of long-term success. Additionally, prospective buyers usually request documentation that allows them to understand the business's daily workflows and operational strategy. Since all of this takes time and effort, a animated film service can rarely be ready for the marketplace in less than six months. A more likely scenario is that it will take more than a year to create the conditions necessary to receive the maximum sale price.

More Exit Planning Articles

Given your interest in exit planning and in animated film services, you might find these additional resources to be of interest.

Marketing an Animated Film Service

Selling Part of a Business


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